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Dec 13, 2012
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. >> defense. >> defense. all of these things. >> which accounts for about a trillion dollars of the budget every year. we've got less than that. >> of course, the long-term struggle is with entitlements. i think that's one of the greatest differences where we cut with republicans. i know we have to cut from entitlements because that's what bankrupts us. i know we have to cut from defense. but i'm concerned about r&d. i'm concerned about transportation. i'm concerned about education. i'm concerned about cutting in all of these areas that make china -- give china a bigger advantage as we move forward that give our global competitors a bigger advantage. that's what really concerns me. >> two quick observations. if you're in business and you're told we've got to make changes at our budget and you look at 6%, 15% of your budget, 9% of your budget, you've got to make cuts, you look at the 60% first and say where can we make manufacture she's cuts. talk about not endangering our ability to compete and win going forw
. >> defense. >> defense. all of these things. >> which accounts for about a trillion dollars of the budget every year. we've got less than that. >> of course, the long-term struggle is with entitlements. i think that's one of the greatest differences where we cut with republicans. i know we have to cut from entitlements because that's what bankrupts us. i know we have to cut from defense. but i'm concerned about r&d. i'm concerned about transportation. i'm concerned...
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Dec 12, 2012
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now defense cuts. more and more republicans are saying that they're willing to talk about it. >> good. >> saying it junt cuts their credibility on other spending issues. >> good. >> it's the pentagon. >> there is so much waste in the pentagon. it's one of the few bureaucracies you can't audit. it is impossible. whether you're talking to peter peterson, dave walker, they tell you, you can't audit the pentagon. it is impossible. >> and yet there are some republicans you say who are willing to go out on a ledge and say it's time to look at this. and what are the costs of doing that politically? >> well, they are, and part of it is the changing times. it's not the cold war anymore. it's these younger members who are coming up. also to be consistent, you have members saying why are we opposing the sequester? why are we panicked that these spending cuts might take place? this is what we want. so that's another fight that's in the conference. are they going to be totally consistent on spending, or are they go
now defense cuts. more and more republicans are saying that they're willing to talk about it. >> good. >> saying it junt cuts their credibility on other spending issues. >> good. >> it's the pentagon. >> there is so much waste in the pentagon. it's one of the few bureaucracies you can't audit. it is impossible. whether you're talking to peter peterson, dave walker, they tell you, you can't audit the pentagon. it is impossible. >> and yet there are some...
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Dec 5, 2012
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he cut defense way back. i think the president could do a little bit more to attract some people over to his side if he did that. but i'm just struck by the fact that we've got this completely outside game. >> right. >> there's not a lot going on on the inside in terms of real negotiation. but we'll get there. >> and steve, this is a point we brought up last hour. you know, everybody is debating over raising top rates for people making $250,000 or more. you look -- tom's talking about $88 trillion. you look at the small percentage, these tax increases as part of the bigger problem, and you realize that we're not even having a serious discussion right now. we're obsessed on something that's not going to save us. >> well, that's true. first, with respect to what david said, i think partly why they're playing an outside game is because they've been criticized in the past of playing too much of an inside game. the president's criticized himself for not taking his message outside, telling his story. secondly, i do
he cut defense way back. i think the president could do a little bit more to attract some people over to his side if he did that. but i'm just struck by the fact that we've got this completely outside game. >> right. >> there's not a lot going on on the inside in terms of real negotiation. but we'll get there. >> and steve, this is a point we brought up last hour. you know, everybody is debating over raising top rates for people making $250,000 or more. you look -- tom's...
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Dec 10, 2012
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what do you do with defense spending? what do you do with nondefense spending? >> and something needs to be done with all three things that you just mentioned, correct? >> yes. >> something really significant, correct? >> but it doesn't mean take medicare, it doesn't mean raising the medicare age. >> why not? >> because i'll tell you, i was in yun in youngstown a year or so ago. a woman who had no insurance said to me, she said -- she was 63 years old -- she just said i just need to live a year and a half more so i can get on medicare and get health insurance. >> right. so maybe the age doesn't raise for her, but what about for others? why can't you guys come up with a framework that works now? >> means testing. there's this whole view that 70-year-olds -- >> we're not saying that. >> no, but somewhere it was social security at 70, 67, now you raise it another year. people that work in a diner, people that are on their feet all day long in retail or construction or manufacturing, you know, all of us can work till we're 70, perhaps, god willing. >> so means testi
what do you do with defense spending? what do you do with nondefense spending? >> and something needs to be done with all three things that you just mentioned, correct? >> yes. >> something really significant, correct? >> but it doesn't mean take medicare, it doesn't mean raising the medicare age. >> why not? >> because i'll tell you, i was in yun in youngstown a year or so ago. a woman who had no insurance said to me, she said -- she was 63 years old -- she...
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Dec 7, 2012
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that means everything, outside of defense, outside of medicare, outside of medicaid, outside of social security. that's about 85% of the budget. >> and we just made some pretty deep cuts last summer. >> right. so when you have a party saying we're going to balance the budget by going after education, transportation, r&d, i mean, energy, you're basically going after your seed corn while china is doubling on education. china is doubling down on r&d. china is doubling down on energy research. we can't do that for economic reasons. >> right. >> i like winning. >> budget is about policy, and it creates your priorities. >> the other thing is, there is a big issue -- big economic issue beyond jobs and beyond the deficits. and that is how do we create an economy in which the middle class is growing, in which people work hard and can get ahead? and all the things that you mentioned are important to that task. so we can't give up on that. >> two other points also. if by going after discretionary -- that's just another form of kicking the can down the road. you know, if you're not going to invest
that means everything, outside of defense, outside of medicare, outside of medicaid, outside of social security. that's about 85% of the budget. >> and we just made some pretty deep cuts last summer. >> right. so when you have a party saying we're going to balance the budget by going after education, transportation, r&d, i mean, energy, you're basically going after your seed corn while china is doubling on education. china is doubling down on r&d. china is doubling down on...
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Dec 6, 2012
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. >> and he's defensive about it. and he's stubborn about it. there's something much deeper going on. he understands football, rex ryan, so he knows objectively that mark sanchez is not getting the job done and hasn't for the last couple of years. so it defies credibility that you wouldn't at least give another guy a shot. or when you did give another guy a shot in greg mcelroy, he won the game for you, so maybe give him a shot this week. >> i can understand saying tim tebow's not the quarterback that i want to go with, but you had mcelroy who played on a national championship team, he grew up with his father being a coach for the dallas cowboys. he gets it. he came in off the bench last week, won the game, and you're not dressing him the next week? it's like rex ryan wants to be fired. >> it's selfish also because you have to say as a coach, i want to give these other guys a chance to win. and we'll start mark, but we're going to go with the guy that can help win this game because everybody's practicing hard and we want to win which makes it ev
. >> and he's defensive about it. and he's stubborn about it. there's something much deeper going on. he understands football, rex ryan, so he knows objectively that mark sanchez is not getting the job done and hasn't for the last couple of years. so it defies credibility that you wouldn't at least give another guy a shot. or when you did give another guy a shot in greg mcelroy, he won the game for you, so maybe give him a shot this week. >> i can understand saying tim tebow's not...